garzar3110 garzar3110
  • 01-09-2017
  • Business
contestada

A price elasticity of infinity corresponds to a demand curve that is:

Respuesta :

Kalahira
Kalahira Kalahira
  • 11-09-2017
A price elasticity of infinity corresponds to a demand curve that is horizontal. That would be considered perfectly elastic, and in a perfectly elastic demand situation something can sell as much as much as it wants as consumers are ready to purchase a large quantity of product.
Answer Link

Otras preguntas

Please help Destiny wants to purchase a handbag that is on sale. The regular price is $175 but the discount is currently $20 dollars an item. What will th
Basically open the document and complete what it says. Pls, and answer what those words are asking in spanish, do not actually use them.
Please answer !!!!!!!! Will mark brainliest whoever answers correctly !!!!!!!!
Write the formula to calculate how much dough is prepared in x hours. 10 kilograms of prepared dough in 5 hours
What numbers would make 4a ≤ 16 true?
What’s the correct answer for this?
What might happen if you got too close to the center of the Milky Way galaxy? AYou would be burned up by the galaxy's brightest stars. incorrect answer BYou wou
PLease help me! Jacob has $7,777 in a savings account. The interest rate is 14%, compounded annually. To the nearest cent, how much will he have in 2 years? Use
What does the speaker mean by ""And ignorance is / A lost paradise"" in lines 20–21?
Identify the base in the reaction (CH3)3N(aq) + HCl(aq) → (CH3)3NH+(aq) + Cl−(aq) 1. (CH3)3NH+(aq) 2. Cl−(aq) 3. (CH3)3N(aq) 4. HCl(aq)